Odis Greene Road

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Odis Greene Road

DeRidder, LA 70634
Asking Price
$689K
Asset Type
Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The 153-acre property is currently available for purchase in DeRidder.
  • This expansive land site features a total area of 153 acres.
  • The land is situated with direct access along Odis Greene Road.
  • The total asking price for this rural acreage is 688,500 dollars.
  • The parcel is located within the growing submarket of Beauregard Parish.

What's Special

This 153-acre land tract in DeRidder, Louisiana, presents a significant acquisition for investors or developers seeking large-scale acreage in a growing regional market. Situated along Odis Greene Road, the property provides substantial space suitable for agricultural use, private estate development, or long-term land banking strategies. The expansive dimensions allow for versatile site planning, positioning the asset as a practical choice for buyers looking to secure a sizable footprint within Beauregard Parish. DeRidder maintains a steady economic environment supported by its proximity to regional transit corridors, making it a viable location for various commercial or industrial applications that require considerable physical space. The site offers straightforward access to the surrounding submarket and benefits from the quiet character of the area, providing a balance of utility and accessibility for future planning. Its geography is well-suited for a variety of rural or development-oriented initiatives, depending on local municipal requirements and specific project goals.

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NOI
$80,000
Cap Rate
11.62%
DSCR
1.96
Strong
Cash-on-Cash
18.94%
Monthly Payment
$3,406.322
Annual Cash Flow
$39,124.132

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